Aerial Rise
81% LTV 25-year SBA Loan
Caldwell
,
NJ
Amount: $
2036000
Aerial Rise, Essex Rise, and Richards Industries are three long-standing industrial businesses located in Caldwell, NJ and serving clients throughout the tri-state area.
- Aerial Rise: Crane and bucket truck servicing
- Essex Rise: Material lifting and handling technology
- Richards Industries: Welded and fabricated products
A potential acquirer of the three businesses and the property came to StackSource to structure a capital solution that minimized cash deployed in the acquisition upfront, in order to maximize returns. We structured a senior SBA loan at 81% LTV which was subordinated by seller financing, reducing the cash burden on the sponsorship group, a local private equity partnership, to less than 6% of the capital stack.
Deal Team
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